When you have mounting debts with no prospect of paying them off, declaring bankruptcy is often an effective way to treat the problem and provide you with a chance to have a fresh start.

Personal bankruptcy will clear all of your unsecured debts, but in doing so it will stay on your Credit Report for six years, which can have an effect on your future borrowing during that timeframe. An alternative form of insolvency is an IVA, which may be best suited in case you have equity to protect, or a career that is excluded from personal bankruptcy.

If personal bankruptcy certainly is the solution you're looking for, then the appropriate paperwork will eventually be filed at your local County Court.

For those living within Swindon we have included the court details below. You only need to contact the court if you already have everything prepared, including your Statement of Affairs and Debtor's Petition, and you are ready to finalise the Bankruptcy Order.

To arrange a consultation you can complete this online form, and an experienced Advisor will be in touch to assess your situation and advise you accordingly.